ATLAS Mara Limited Proposed Transaction Update and AGM Postponement (7843H)
March 26 2020 - 12:36PM
UK Regulatory
TIDMATMA
RNS Number : 7843H
ATLAS Mara Limited
26 March 2020
26 March 2020
Proposed Strategic Transaction Update and Postponement of
AGM
Atlas Mara Limited ("Atlas Mara" or the "Company") notes recent
press speculation and confirms it continues to be in discussion
with Equity Group. As announced by the parties in January 2020, the
parties continue to be engaged in discussions, with the objective
to reach mutually acceptable terms as soon as practicable .
However, as a practical matter in light of current circumstances
the parties no longer expect to be able to conclude such
discussions in the early part of 2020 as previously announced. The
parties will update the markets should this situation change.
Following the joint announcement by The Financial Conduct
Authority ("FCA"), Financial Reporting Council ("FRC") and
Prudential Regulation Authority ("PRA") today, the Company is
evaluating the ability to release its Audited Annual Financial
Statements by 30 April 2020 as a result of the guidance for
preparing financial statements and audits during the current
Covid-19 crisis.
The Company also announces postponement of its previously
announced May 2020 Annual General Meeting ("AGM") in light of the
impracticality of scheduling such a meeting given the ongoing
COVID-19 pandemic. A new date for the AGM will be announced as soon
as practicable.
Contacts
Investors
Kojo Dufu, +1 212 883 4330
Media
Anthony Silverman, Apella Advisors
+44 (0)7818 036 579
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NOABRGDXDXDDGGL
(END) Dow Jones Newswires
March 26, 2020 13:36 ET (17:36 GMT)
Atlas Mara (LSE:ATMA)
Historical Stock Chart
From Apr 2024 to May 2024
Atlas Mara (LSE:ATMA)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Atlas Mara Limited (London Stock Exchange): 0 recent articles
More Atlas Mara Limited News Articles